MEMORANDUM VOUCHER in Tally - R.D.Sivakumar

1. MEMORANDUM VOUCHER
R.D.SIVAKUMAR,M.Sc.,M.Phil.,M.Tech.,
Assistant Professor of Computer Science &
Assistant Professor and Head, Department of M.Com.(CA),
Ayya Nadar Janaki Ammal College,
Sivakasi – 626 124.
Mobile: 099440-42243
e-mail : sivamsccsit@gmail.com
website: www.rdsivakumar.blogspot.in

2. MEMORANDUM VOUCHER
Memorandum Voucher (Ctrl + F10)
Memorandum voucher is a separate voucher type like Reversing
Journals. This is a non-accounting voucher and entries made using it
will not affect the books of accounts. However, unlike reversing
journals, there is no restriction on the date upto which these vouchers
are applicable. Tally does not post memo voucher entries to ledger
accounts, but stores them in a separate register called Memorandum
Register.
Uses of Memo Voucher
The following are some of the uses of memo voucher
1. For making suspense payment
Suppose, the company gives a traveling salesman cash to meet
his travel expenses. The exact amount and the nature of expenses will
not be known, until the salesman gives details of expenses after few
months. In such cases, the user could enter a voucher for the cash
advance, a voucher to record the actual expenditure details when they
are known and another voucher to record the surplus cash returned.
2. Vouchers not verified at the time of entry

3. 3. Items given on approval
To keep track of items sold on approval basis, a memo
voucher can be used and it can later be converted into a proper Sales
voucher, if goods are accepted, or the momo voucher can be deleted
if goods are returned by the buyer.
Memo vouchers are activated once reversing journals are
activated in F11 : Features.
Creation
From Gateway of Tally  select Accounting Vouchers  Press
Ctrl + F10 and the Memorandum voucher screen is displayed.
1. First Entry
The first entry must be a debit entry involving any account.
2. Second Entry
From the second entry onwards, any account can be debited
or credited. However, total debits should be equal to total credits.
To view the Memorandum Resister, from Gateway of Tally 
select Display  Select Exception Reports  select Memorandum
Vouchers  and the Memorandum Register screen is displayed.